Award winning Executive recruitment company, Monroe Consulting Group is recruiting on behalf of a luxury resort property in Phuket Thailand. The company is recognized for its luxury resorts and villa accommodation that caters customers locally and globally. They are seeking an experienced Finance Director to join their Phuket office.
We are seeking an experienced Finance Director to join in Phuket. This role primary financial strategist and guardian of the resort's assets and the broader interests of related group companies. This role is responsible for overseeing all financial operations, ensuring stringent internal controls, and providing strategic financial counsel to the executive team and owners.
Job Responsibilities
Financial Management & Group Reporting
- Direct the preparation of monthly, quarterly, and annual financial statements for Group.
- Manage consolidated reporting for the Group, ensuring alignment between hospitality operations and property management entities.
- Provide accurate and timely financial reports, including P&L analysis, balance sheets, and cash flow forecasts.
- Present financial performance reviews to the Group General Manager, Group CEO, and Ownership.
Property Management & Owner Relations
- Oversee the financial administration of the Villa & Residence Management program, ensuring accurate billing and reporting for individual villa & Residence owners.
- Supervise the accounting for the Common Area Management (CAM) funds, ensuring transparency and compliance with property management standards.
- Act as the primary financial liaison for villa & residence owners regarding rental program yields and management fees.
Strategic Planning & Budgeting
- Lead the annual budgeting process for the resort, related companies, and CAM accounts.
- Analyze financial data to identify trends, opportunities for cost-saving, and areas for revenue growth across the portfolio.
- Evaluate capital expenditure (CapEx) requests to ensure alignment with resort goals, property maintenance standards, and ROI targets.
Internal Controls & Compliance
- Ensure a robust system of internal controls is in place to safeguard group assets and ensure data integrity.
- Oversee internal and external audits, ensuring all audit recommendations are implemented promptly across all entities.
- Ensure full compliance with Thai tax regulations, labor laws, and licensing requirements for both hospitality and real estate management operations.
Operational Oversight
- Supervise the Finance department, including Accounts Payable, Accounts Receivable, Income Audit, Payroll, and General Ledger.
- Manage cash flow and treasury functions to ensure optimal liquidity for operations and specific property management projects.
- Oversee the procurement and storage departments to ensure efficient cost control and inventory management.
Leadership & Team Development
- Manage, mentor, and develop the finance team, including the Assistant Director of Finance.
- Foster a culture of professional growth, accountability, and excellence within the department.
- Conduct regular performance reviews and identify training needs.
Job Requirements
- Relevant educational degree in Finance, Accounting, or a related field. An MBA or professional certification (CPA/CMA/ACCA) is highly preferred.
- Relevant years of experience in finance, with at least 5 years in a senior leadership role.
- Experience in Luxury Hospitality is essential; additional experience in Real Estate or Property Management is highly desirable.
- Deep knowledge of hotel accounting systems (e.g., Opera, Sun Systems, or similar) and advanced proficiency in Microsoft Excel.
- Strong understanding of Thai tax laws and Uniform System of Accounts for the Lodging Industry (USALI). Knowledge of property management financial structures (CAM/Sinking Funds) is a significant advantage.
- Exceptional leadership, analytical, and communication skills. Ability to interact effectively with high-net-worth villa & Residence owners, ownership, and cross- functional teams.